The formula is (net profit / total investment) x 100. Applying the formula we have: [(350,000-120,000-58,000)] x 100 = 114.66%, rounding up to 114.7%. Therefore, the correct answer is b.
Answer:
c. Travis earns a higher rate of return than Alicia.
Explanation:
Both investments are worth $2,400.
Alicia's rate of of return is given by:
Travis' rate of return is given by:
Alicia's investment had a rate of return of roughly 10.3% while Travis' investment had a rate of return of about 13.0%.
Therefore, the we can conclude that c. Travis earns a higher rate of return than Alicia.
Answer:
Rheingold supply will have a genuine defense against such claim.
Explanation:
The seniority system within Rheingold supply doesn't talk on either the employee is a male or a female rather it gives preference to the amount of year with which an employee has stayed within the organization during promotion.
Therefore Rheingold supply has a genuine defense against such claim, so the files an claim of illegal discrimination by Jane will be falsified.